June 2018 MLS Statistical Report

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Winifred Reeves
5 years ago
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Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec June 218 MLS Statistical Report Total Sales The Month to Month Unit Sales graph shows that sales have started their seasonal decline.

3 2 1 Month to Month Unit Sales All Property Types 2 216 217 218 Total Under Contract The Total Under Contract graph shows that the number of listings under contract has been steadily declining since

1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec June 218 MLS Statistical Report Total Sales The Month to Month Unit Sales graph shows that sales have started their seasonal decline. For the year, residential sales are down by 4%, lot / land sales are down by 11% and commercial sales are down by 13% Month to Month Unit Sales All Property Types Total Under Contract The Total Under Contract graph shows that the number of listings under contract has been steadily declining since April. The decline is following a seasonal trend but with the low inventory we are exhibiting we will need to track this decline closely Total Under Contract Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Residential Inventory Lack of inventory continues to be a impact the market. Inventory is currently running 4% lower than last year Residential Inventory Data Obtained: July. 218 Note: This report reflects corrections / updates to previous data.

2 Total Property Sales Sales 3 Year Snapshot View Sold Residential Sold Land Sold Commercial Residential One year Ago Lots / Land One Year Ago Commercial One Year Ago All Classes One Year Ago Year to Date Comparison Qty Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg Qty Active % Chg 982 $47,122,236 $414,84 $32, $41,117,178 $392,98 $31, 26 (41) -4% $6,,8 1% $22,486 6% $1, 3% (7) -4% 229 $29,199,4 $127,8 $87, $27,697,186 $18,192 $7, 8 (27) -11% $1,2,229 % $19,316 18% $12, 16% (6) -8% 13 $6,69,62 $,48 $32, $,118, $341,233 $33, 63 (2) -13% $1,77,12 31% $173,8 1% ($,) -2% (8) -13% 1224 $443,17,276 $361,942 $294, $433,932,864 $33,342 $27, (7) -% $9,84,412 2% $26,6 8% $18,324 7% (12) -%

3 Jul-16 Sep-16 Nov-16 Jan-17 Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Residential Property Sales Average DOM Average Days on Market Single Family Detached Median Sale Price vs Condo Median Sale Price vs $4, $3, $2, $1, $ 2 1 $4, $3, $2, $1, $ Median Price SFD Median Price Condo Single Family Detached One year Ago Condominium One Year Ago All Residential One Year Ago Year to Date Comparison - Residential Property Qty Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg 838 $373,243,8 $44,397 $339, 89 $366,37,79 $411,68 $32, (2) -6% $6,867,28 2% $33,739 8% $19, 6% 118 $28,948,344 $24,324 $24,9 12 $2,79,66 $2,78 $24, 16 16% $3,368,778 13% ($,46) -2% ($13,) -% 982 $47,122,236 $414,84 $32, 123 $41,117,178 $392,98 $31, (41) -4% $6,,8 1% $22,486 6% $1, 3%

4 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan- Apr- Jul- Oct- Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Land Sales Lots / Land vs Total Sale Price $,, $1,, $,, $ Total Sale Price Lot / Land Avg vs Median Sale Price $3, $3, $2, $2, $, $1, $, $ Average Sale Price Median Sale Price Land - Residential One Year Ago Increase / Decrease All Land One year Ago Year to Date Comparison - Land Listings Qty Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg 27 $2,61,6 $123,679 $87, 222 $23,49,46 $,83 $73,7 () -7% $2,16,69 9% $17,844 17% $13,2 18% 229 $29,199,4 $127,8 $87, 26 $27,697,186 $18,192 $7, (27) -11% $1,2,229 % $19,316 18% $12, 16%

Distressed Properties (Residential) Dare County Foreclosures 2 18 16 14 12 1 8 6 4 2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2 216 217 218 Residential - Short Sale One year Ago Residential -

5 Distressed Properties (Residential) Dare County Foreclosures Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Residential - Short Sale One year Ago Residential - Bank Owned One Year Ago All Residential - Distressed One Year Ago Year to Date Comparison - Distressed Properties Qty Sold % Chg Volume Sold % Chg Average Sale % Chg Median Sale % Chg $1,19, $33,8 $26, 18 $7,347, $48,166 $321, (13) -72% ($,828,) -79% ($14,366) -26% ($61,) -19% 33 $8,622,382 $261,284 $2,3 47 $11,238,31 $239,117 $21, (14) -3% ($2,616,149) -23% $22,167 9% $4,3 2% 38 $1,141,382 $6,84 $46,3 6 $18,8,31 $647,283 $22, (27) -42% ($8,444,149) -4% ($82,199) -13% ($6,7) -11%

6 KDH - UnIncorporated - 18 May 218 New Construction Building Permit Value Roanoke Island -18 Hatteras Island -18 Duck - 18 Kitty Hawk-18 Kill Devil Hills -18 Nags Head-18 Southern Shores-18 Manteo - 18 $ $1,, $2,, $3,, $4,, $,, $6,, $7,, $8,, $9,, 218 Total 217 Total Kill Devil Hills - 18 Kill Devil Hills - 17 KDH - UnIncorporated - 18 KDH - UnIncorporated -17 Roanoke Island - 18 Roanoke Island -17 Hatteras Island - 18 Hatteras Island - 17 Southern Shores - 18 Southern Shores - 17 Nags Head - 18 Nags Head - 17 Kitty Hawk - 18 Kitty Hawk - 17 Duck -18 Duck - 17 Manteo-18 Manteo-17 Year To Date 218 Number of Building Permits

7 Sales By Area Corolla 3 Residential $47, -2% 2 $493,9 % 216 $42, -14% 217 $477, 6% 218 $17, *218 numbers reflect Year to Date values 8%

8 Town of Duck 2 Residential $11,2 2% 2 $442, -14% 216 $477, 8% 217 $466, -2% 218 $487,2 *218 numbers reflect Year to Date values %

9 Town of Southern Shores Residential $43, 2% 2 $36, -16% 216 $422, 17% 217 $42, -1% 218 $41, *218 numbers reflect Year to Date values -2%

10 Town of Kitty Hawk Residential $28, 9% 2 $39, 8% 216 $3, -1% 217 $31, 2% 218 $339, *218 numbers reflect Year to Date values 1%

11 2 Colington Residential $214, % 2 $239, 12% 216 $234, -2% 217 $2, 9% 218 $269, % *218 numbers reflect Year to Date values

12 Town of Kill Devil Hills 4 Residential $239, 12% 2 $236, -1% 216 $268, 14% 217 $27, 2% 218 $28, *218 numbers reflect Year to Date values 2%

13 Town of Nags Head 3 Residential $3, 4% 2 $363, 4% 216 $382, % 217 $384, 1% 218 $386,2 *218 numbers reflect Year to Date values 1%

14 Hatteras Island 3 Residential $263,77-9% 2 $262,2-1% 216 $271, 3% 217 $3, 13% 218 $29, *218 numbers reflect Year to Date values -3%

15 Roanoke Island 2 Residential $26, 17% 2 $24,1-6% 216 $26, 8% 217 $283,3 7% 218 $278,2 *218 numbers reflect Year to Date values -2%

16 Currituck Mainland 3 Residential $21, 7% 2 $221,2 % 216 $238, 8% 217 $239,9 1% 218 $22, *218 numbers reflect Year to Date values %

17 Ocracoke Island Residential $287, 2% 2 $274, -% 216 $312,812 14% 217 $31, 1% 218 $268,7 *218 numbers reflect Year to Date values -13%

August 2017 MLS Statistical Report. Median Sale Price

August 2017 MLS Statistical Report. Median Sale Price August 217 MLS Statistical Report Median Sale Price $4, $3, $2, $1, $ 212 213 214 2 216 217 Summary Median Home Price: Over the last years, median home prices have risen by 23%; however, much of the increase